Form 4: Sezzle COO Amin Sabzivand Executes Pre-Planned Stock Option Exercise and Share Sale

Sezzle Inc.'s Chief Operating Officer, Amin Sabzivand, completed a pre-arranged transaction on June 26, 2025, involving the exercise of stock options and the subsequent sale of common shares under a Rule 10b5-1 trading plan.

Summary

• Amin Sabzivand, Chief Operating Officer of Sezzle Inc., executed a transaction on June 26, 2025.
• Exercised 8,803 stock options at an exercise price of $5.23 per share.
• Sold 8,803 shares of common stock at a weighted average price of $163.9809 per share.
• The sales were conducted in multiple transactions with prices ranging from $163.67 to $164.29.
• These transactions were carried out pursuant to a Rule 10b5-1 trading plan adopted on December 6, 2024.
• Following these transactions, Amin Sabzivand beneficially owns 243,303 shares of common stock and 12,958 stock options.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. While it's an insider sale, it's pre-planned under a 10b5-1 plan, which mitigates negative perception. The significant profit from option exercise is a positive for the insider, but the document itself doesn't convey company-specific sentiment.

Positives

• The transactions were executed under a pre-established Rule 10b5-1 trading plan, indicating a planned and compliant sale rather than an immediate reaction to market conditions.
• The sale price of $163.9809 per share is significantly higher than the exercise price of $5.23, indicating a substantial gain for the insider on the exercised options.

Negatives

• An insider sale, even if pre-planned, can sometimes be perceived negatively by the market as it reduces the insider's direct equity stake.

Future Outlook

The document does not provide any forward-looking statements or guidance beyond the details of the insider's pre-planned stock transactions.

Management Comments

• This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2024.
• The sales were effected in multiple transactions at prices ranging from $163.67 to $164.29, inclusive, on June 26, 2025. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends. It reflects an individual executive's financial planning rather than a strategic company move within the industry.

Comparison to Industry Standards

• As a standard insider transaction report, this document does not contain information for direct comparison to industry-wide financial performance or operational benchmarks. The transaction details are specific to the individual's equity compensation and personal financial planning.

Stakeholder Impact

• Shareholders: May view the insider sale with slight caution, though the 10b5-1 plan mitigates concerns. The significant profit from option exercise could be seen as a positive for executive alignment.

Key Dates

Keywords

Sezzle Inc., SEZL, Form 4, Insider Trading, Stock Options, Rule 10b5-1, Equity Sales, Amin Sabzivand, Chief Operating Officer, Beneficial Ownership